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Between June and mid-September, GPG will be running a period of test operations at the Crookwell II Wind Farm in Australia. Entry into commercial operation by the plant is scheduled for September this year.

Savanna is the latest solar power generation project by Global Power Generation in Brazil, confirming its commitment to this technology following the entry into commercial operation of the Sobral and Sertão projects last year. Acquisition of the project was completed on 6 April, following approval by the competent regulator in Brazil. Construction work began ten days later, and should conclude by the end of the year. Commercial operation by the Savanna plant is expected to begin at the end of the year.

The consolidated EBITDA posted by Global Power Generation in the first quarter of 2018 stood at 69 million euros, practically 3% more than in the same period of the previous year, while net income rose by 31% to 41 million euros.

As part of its corporate responsibility policy, Bií Hioxo has made a commitment to help its owners and employees following the earthquake on the Isthmus of Tehuantepec in September. This support will be used to facilitate the reconstruction of homes following the earthquake that has been since followed by several aftershocks.

Global Power Generation will invest approximately 95 million euros in developing what will be its second electricity generation project in the country, having successfully implemented the Sobral and Sertao projects, brought into operation in 2017. It is estimated that the project will produce 165 GWh annually.

The first photovoltaic generation project developed by Global Power Generation (GPG) was brought into commercial operation in September in Brazil. It consists of two solar energy plants of 34.74 MWp each, located in the northern state of Piauí in Brazil. Approximately 85 million euros was invested into Sobral I and Sertao I, which were built in a record time of 8 months.

Global Power Generation Australia (GPG) has chosen GE to supply and install wind turbines in one of the largest renewable energy regions in Australia. Once it is finished in 2018, the Crookwell 2 Wind Farm will produce an energy supply equivalent to the electricity consumption of 41,600 homes in Canberra.

In February, a cleaning process was undertaken on the submarine seawater intake conduits at the Tuxpan III and IV Combined Cycle Power Plant, which is located in the north of the State of Veracruz (Mexico) and entered commercial operation in 2003.

Construction of the Crookwell 2 Wind Farm will be undertaken thanks to a 20-year “Feed-in Tariff Entitlement”, which was awarded by the Government of the Australian Capital Territory (ACT) in August 2016 to the company Crookwell Development Pty Ltd (CDPL) when it won the latest renewables auction promoted by this government body.